More than 19 million Shiba Inu (CRYPTO: SHIB) tokens were kicked out of circulation Monday, applying additional deflationary pressure on the popular dog-themed meme coin. What happened: The burn rate exploded 1734% over the last 24 hours, resulting in a supply squeeze of 19.16 million SHIB tokens, according to Shibburn, the coin's official burn tracker.
Shiba Inu (SHIB), the popular dog-themed meme coin, saw a massive drop in its burn rate over the last 24 hours. According to data from Shibburn, just 964,247 SHIB tokens were destroyedmarking a sharp 95% decrease and one of the lowest daily burn volumes recorded in recent history.
Technical indicators have started to flash warnings of a possible volatility spike, which means that XRP is currently treading on the edge. Although the asset has recovered to the $2 mark and displayed some bullish impulses, it is still unable to overcome the crucial 100 EMA level, which is currently a formidable resistance barrier.
DOGE can see a major price rally in the coming weeks as sentiment shifts.
Recently, a Dogecoin developer flagged a new scam attempt, alerting the community to the rise of suspicious token promotions. Despite the decentralized nature of the crypto space, there has been growing scam activity, especially involving speculative assets like Dogecoin (DOGE).
Shiba Inu (SHIB -0.18%) has had a wild ride so far in 2025, with billions of dollars wiped off its market cap. It's been a punishing blow to existing investors in the cryptocurrency.
Shiba Inu is on the cusp of breaking into major resistance territory while community devs collaborate on innovation.
Cryptocurrency markets are trading sideways on Monday amid ongoing tariff uncertainty. Cryptocurrency Price 24-Hour Gains +/- Bitcoin (CRYPTO: BTC) $84,890 +0.4% Ethereum (CRYPTO: ETH) $1,645 +0.8% Solana (CRYPTO: SOL) $130.30 -0.8% XRP (CRYPTO: XRP) $2.15 -0.7% Dogecoin (CRYPTO: DOGE) $0.1613 -3.2% Shiba Inu (CRYPTO: SHIB) $0.0000122 -1.4% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 2% and daily active addresses down by 6%.
As DOGE gains momentum, a top developer alerts the community to sidestep certain scam tokens.
Dogecoin's price continues to trade below the $0.17 level caused by ongoing bearish pressure. With robust volatility persistently hindering Dogecoin's upward movements, major investors and traders are becoming extremely cautious about the dog-themed meme coin.
Despite recent market turbulence, 21Shares President Duncan Moir says crypto assets, including Bitcoin and Dogecoin, continue to offer valuable long-term diversification and are gaining momentum as legitimate components of investor portfolios.
The crypto market has registered a marginal increase as most cryptocurrencies, including Bitcoin (BTC), remained steady over the weekend. The crypto market cap currently sits at $2.69 trillion.
Shiba Inu price risks a massive drop as a decline in the number of daily active addresses indicates waning network activity. This decline often suggests reduced investor confidence in the meme coin, which may trigger selling activity.
Dogecoin price has formed at least three bullish chart patterns, pointing to an eventual surge in the coming months. Dogecoin (DOGE) rose to an intraday high of $0.1680 on Monday, up by 27% from its lowest level this month.
Dog-themed cryptocurrency Shiba Inu saw significantly low burns in the last 24 hours, raising eyebrows on the market. According to data from Shibburn, only 964,247 SHIB tokens were burned in the last 24 hours, a 95% drop in the daily burn rate.
The prospect of Shiba Inu (SHIB) attaining the highly anticipated $1 mark has captured the imaginations of many in the cryptosphere.
Dogecoin whales have chosen to stay on the sidelines as the market uncertainty heightens. Meanwhile, DOGE's higher timeframe has formed, which indicates that a bullish reversal could be imminent for the foremost meme coin.
Some analysts envision a 3x surge for DOGE from current levels.
A renowned crypto market analyst has forecasted a highly bullish outlook for Dogecoin price against the backdrop of a crypto market recovery. On Monday, April 14, analyst Ali Martinez revealed that DOGE could hit $0.29 ahead, given its price sustains a break above $0.17.
BONK could be ready for another leg up.
After enduring weeks of heavy selling pressure and bearish sentiment, Dogecoin is beginning to show signs of stability. The broader crypto market is hinting at a potential recovery, though many analysts argue this could simply be a relief rally within a longer-term bear market that began after Bitcoin reached its all-time high in January.
After weeks of silence, SHIB is showing signs of a breakout. It's climbing above key levels, and the charts are hinting at a bigger move.
Shiba Inu is trending once more, but not due to a spike in price. On-chain data, however, is showing some whale activity that could change the game.
Dogecoin's price action continues to honor the technical “blueprint” laid out by crypto analyst Kevin (@Kev_Capital_TA), who reaffirmed on Sunday that his strategic roadmap from March 22 remains intact. The weekly chart reveals an extended descending channel drawn with multiple yellow trend lines that originated in 2021 and constricted price action throughout 2022.
Shiba Inu (SHIB) remains under bearish pressure despite a slight price rebound to $0.0000123, raising concerns it could add another zero to its valuation. While the recent climb offers temporary relief, it lacks the momentum for a sustainable uptrend.
Dogecoin requires $110 billion market cap to match 2021 highs due to 40% supply increase, while technical signals show mixed outlook and AI predicts $1 by 2026-2029.
Shiba Inu (SHIB) is once again under pressure as rival Hedera (HBAR) overtakes it in the crypto market cap rankings, pushing the popular meme coin down to the 17th spot. According to CoinMarketCap, HBARs market cap surged to $7.42 billion, narrowly surpassing SHIBs $7.39 billion and The Open Network (TON) at $7.36 billion.
Back in 2021, the Dogecoin price reached its $0.7376 all-time high after having a legendary run spurred on by billionaire Elon Musk shilling the meme coin on X (formerly Twitter). At the time, the meme coin hit this peak price after touching an $80 billion market cap.
Meme coins remained under pressure this month as market participants watched the ongoing trade war between the US and China. Bitcoin price was trading at $84,000 on Monday, while the market cap of all coins remained at $2.7 trillion.
The following is a guest post and opinion from Ahmad Shadid, Founder of O.xyz. Under the flimsy pretext of efficiency, the Department of Government Efficiency (DOGE) is gutting its workforce.
Shiba Inu is still flirting with the prospect of more declines, including the undesirable possibility of adding another zero to its already low value even after a slight price recovery. Although SHIB's recent price increase to $0.0000123 provided short-term respite, on a larger scale it lacks the substance necessary to start a long-term bull run.
A closely followed crypto analyst believes one meme token operating on Solana (SOL) is in the early stages of a market recovery. Pseudonymous analyst Altcoin Sherpa tells his 243,800 followers on the social media platform X that he's bullish on the memecoin Bonk (BONK).
Shiba Inu (SHIB) has faced significant volatility in recent weeks, with its price dropping over 15% in the past week alone.
There has been a big shift in the lower half of the crypto top 20 today, and popular meme coin Shiba Inu is once again in the spotlight — but not in the direction SHIB holders might prefer.
The price of Dogecoin (DOGE) is correcting higher as buyers try to push the price above the $0.20 resistance and moving average lines.
Dogecoin holders have been withdrawing their funds from spot markets in April, with the leading meme coin facing mounting selling pressure.
Major meme coin and probably the most popular one, Dogecoin (DOGE) found itself in a technical structure that may be the beginning of new bull momentum, but there's one key level standing in the way of any real move: the 50-day simple moving average.
The meme coin market is bouncing back after Trump stopped plans to raise tariffs and new inflation data showed signs of slowing down. This positive news helped Bitcoin move closer to $85,000, which triggered buying interest in popular meme coins like Dogecoin and Shiba Inu.
Shiba Inu is currently experiencing an identity crisis as it is nowhere near its own version from 2021. SHIB seems to be losing steam quickly due to poor fundamentals, waning whale interest and a lack of leadership.
Dogecoin, long considered a mere crypto joke, continues to surprise. With the release of Libdogecoin v0.1.4, the developers demonstrate their desire to professionalize the project.
With Bitcoin (BTC) swiftly reclaiming $80K, the outlook for crypto markets has improved, with many expecting altcoins to rally. Among memecoins, can Dogecoin (DOGE) lead or will Shiba Inu (SHIB) price take the initiative?
A Dogecoin foundation developer has warned of potential scams and urged users to be cautious as certain projects attempt to capitalize on Dogecoin's popularity.
Shiba Inu (SHIB) is showing signs of recovery after a sharp crypto market sell-off earlier this week triggered by macroeconomic pressures. The meme coin surged from $0.00001029 to $0.00001214 on Wednesday, briefly dipped on Thursday, and then resumed its rebound Friday, hitting $0.00001238 early Saturday.
Dogecoin (DOGE) is rebounding alongside the broader crypto market, gaining 6% in the past 24 hours to reach $0.166 as of early Saturday. The memecoins latest upswing coincides with the formation of a golden cross on the hourly charta bullish technical pattern that occurs when a short-term moving average crosses above a long-term one.
21Shares, one of the largest crypto exchange-traded product (ETP) issuers, teamed up with the House of DOGE to launch the only Dogecoin ETP endorsed by the Dogecoin Foundation.
Shiba Inu price has moved sideways in the past few days after falling to a crucial support level. It was trading at $0.00001240, a few points above the year-to-date low of $0.00001080. This means that it remains sharply lower than last year's high of $0.00004560. This article explores the potential scenarios for the coin.
A recent analysis by a Bitcoin analyst has thrown cold water on the possibility of the Shiba Inu price hitting the $1 mark. The analyst firmly dismissed the idea, suggesting that it is highly unlikely, if not downright impossible.
Shiba Inu's price spiked as token burns soared and bullish technicals pointed to a major breakout.